30.06.2025 14:05

MicroStrategy, a prominent business intelligence company, significantly expanded its Bitcoin holdings with a recent purchase of 4,980 BTC. This acquisition, valued at approximately $531.9 million at an average price of $106,801 per Bitcoin, brings MicroStrategy's total Bitcoin ownership to a staggering 597,325 coins. The total cost basis for these holdings now surpasses $42.4 billion, representing an average purchase price of $70,982 per Bitcoin. This latest buy follows a smaller acquisition of 245 BTC between June 16th and 22nd, further highlighting the company's ongoing commitment to Bitcoin accumulation. MicroStrategy projects a year-to-date Bitcoin yield of 19.7% for 2025.


Funding for this substantial Bitcoin purchase came from MicroStrategy's strategic use of its STRK and STRF preferred stock at-the-market (ATM) programs. This capital raising approach allows the company to maintain a consistent Bitcoin acquisition strategy regardless of fluctuating market conditions and without relying on operational cash flow. The company's unwavering dedication to Bitcoin is evident in its long-term capital allocation plan designed to maximize Bitcoin holdings amidst market volatility.


However, this aggressive Bitcoin investment strategy is not without its legal challenges. MicroStrategy is currently embroiled in five lawsuits alleging securities fraud. These lawsuits cite significant unrealized losses, estimated at approximately $6 billion, and claim that MicroStrategy failed to adequately disclose associated risks to investors. The ongoing litigation poses a significant challenge to the company's ambitious Bitcoin accumulation plan. Information regarding these lawsuits can be found from various internet sources.